The following table contains data for a hypothetical closed economy th.pdf

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The following table contains data for a hypothetical closed economy that uses the dollar as its currency. Suppose GDP in this country is $1 , 170 million. Enter the amount for consumption. Complete the following table by using national income accounting identities to calculate national saving. In your calculations, use data from the preceding table. National Saving ( S ) = Complete the following table by using national income accounting identities to calculate private and public saving. In your calculations, use data from the initial table. Private Saving = = milion Based on your calculations, the government is running a budget.

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